Sustainable Investing is a subset of Value Investing. A Sustainable Investor might pass up a bargain on an unsustainable company or a well run company in an unsustainable sector, but will do well long term and sleep well at night.
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BP
The good news is that newly discovered bacteria biodegrade oil in the oceans, and have been chowing down on the oil spilled from the Deepwater Horizon (Earth and Sky, NPR, PBS, SFGATE) and from oil seeps for millions of years. While it’s unexpected and wonderful that bacteria are biodegrading the oil, do we want to [...]
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What BP and the Government Could Have Done and Should Be Doing (updated 10/7/10) The handling of the Deepwater Horizon catastrophe is a textbook study of how not to manage a crisis. The government and the Obama Administration seems to have understated the problem and ceded responsibility to BP, which seems to have acted [...]
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“If oil gushes into the Gulf of Mexico at a rate of 60,000 barrels per day, and it takes 84 days to achieve a capability of “process” the spilled oil at a rate of 30,000 barrels per day, how long does it take to “process” the spilled oil?” It takes two days to process each [...]
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Hurricane Alex has temporarily halted cleanup efforts (Reuters). Yet the oil continues to gush unabated. Using the Government’s “Improved Estimate,” 2.8 to 4.8 million barrels have gushed into the Gulf in the MONTHS since the April 20 explosion which killed 11 workers. The explosion and spill have destroyed fisheries, tourism, and profoundly disrupted the ecology [...]
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First conclusion of a series that began after Earth Day and includes Fossil Fuels and a Walk on the Moon, Drill Baby Drill or Drill Baby Oops, Magnitude, Part 1, One Month After, The Chernobyl of Fossil Fuel?, and Magnitude, Part 2. ) As I wrote on Earth Day, “In 100 years our descendants will [...]
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Third in a series (1, 2, 3) that began on “Earth Day” (0). BP and the government say they can’t measure the spill on the ocean floor. However, 5,000 barrels per day is reaching the surface and most of the oil – 80% to 90% – is below the surface. So I thnk it’s is [...]
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Via TheStandard.Net, By Loretta Park (Standard-Examiner Davis Bureau), (click here for article) South Davis Metro Fire Agency Deputy Chief Jeff Bassett said the explosion occurred because a pipe carrying hydrogen and diesel overfilled and sent some of the product onto the ground, where it pooled. It found an ignition source, a furnace, which caused the [...]
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